Latest Mining Sector News

Eagle Mountain Mining and Nittetsu Mining have signed a non-binding MOU to jointly explore new mineral project opportunities in Australia and North America, building on their existing Oracle Ridge joint venture.

Advance ZincTek expects a 13% increase in unaudited profit before tax for FY26, driven by a 12.65% rise in sales revenue amid growing global enquiries.

PT ANTAM has raised its 2025 cash dividend by 38%, distributing Rp5.05 trillion to shareholders, reflecting strong profitability and a sustained commitment to shareholder returns.

Barramundi’s portfolio returned a solid 3.8% gross gain in Q2 2026, driven by strong AI-related infrastructure plays and takeover interest in key holdings, despite sector volatility and profit downgrades in healthcare and logistics.

Clean TeQ Water has secured a polymer supply and technology licence agreement with Broken Hill Mines for the Rasp Mine, establishing its first long-term recurring revenue stream from ATA® technology.

Somerset Minerals has pushed back the closing date for its non-renounceable entitlement offer, giving shareholders until 5 August 2026 to participate in the capital raise aimed at funding its copper exploration projects in Nunavut and Ecuador.

Beacon Minerals delivered steady gold output of 5,241 ounces in Q2 2026 at its Jaurdi Gold Project, alongside a fully franked cash dividend and a significant in-specie distribution of Forrestania Resources shares to shareholders.

Beacon Minerals has updated its FY2026 dividend details, confirming a fully franked cash dividend and adjusting the scrip dividend ratio following recent option exercises.

Lux Copper Corp. Ltd reported a modest loss in its inaugural financial period while acquiring two Alaskan copper projects and preparing for a public listing with fresh leadership appointments.

GR Engineering Services confirms ongoing work on Tower Hill Gold Project but notes processing shift to King of the Hills plant following Genesis Minerals' acquisition of Vault Minerals.

Coronado Global Resources has promoted CFO Barrie van der Merwe to CEO, tasking him with steering the coal miner back to profitability and lowering its debt burden.

Arafura Rare Earths has secured $361.5 million before costs through a combined placement and share purchase plan, issuing approximately 44.4 million new shares under the SPP and leaving a notable shortfall.